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The First Batch of Financial Data Analysts Certified

Posted 12-30-2016 at 09:29 PM by Sherwin (To Make You Know China's Market Better)

On November 16, 2016, the first batch of Financial Data Analysts (FDA) Elementary-level was certified by China Association of Actuaries (CAA). 45 candidates gained the FDA Elementary Level certificates.

The certificate-awarding ceremony was held during the 3rd Internet Big Data and Actuarial Innovation Forum in Beijing. The forum was organised by the CAA.

In the coming months, the CAA is planning to promote the training and examinations of the FDA intermediate-level.
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China Association of Actuaries Announced the New Credential FDA

Posted 12-30-2016 at 09:20 PM by Sherwin (To Make You Know China's Market Better)

On July 29th, 2016, China Association of Actuaries (CAA) announced that it will introduce a new credential named the Financial Data Analyst (FDA) in order to meet the needs of big data analysis in the financial sector.

The new credential has three levels: elementary, intermediate and advanced.

In general, for the certificate of FDA (Elementary Level), the candidates are required to take five face-to-face training courses (from Sep 3rd to Sep 17th), including
(1)Statistical...
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China Chief Actuaries Forum 2016 Held in Shenzhen

Posted 12-30-2016 at 09:15 PM by Sherwin (To Make You Know China's Market Better)

On November 24, 2016, China Chief Actuaries Forum was held in Shenzhen, Guangdong Province. The theme of the forum this year was "Focusing on the Innovation of Products, Promoting the Reform of Supply-side".

China Chief Actuaries Forum was organised by China Association of Actuaries (CAA) annually and this was the third forum since 2014. This year the forum was co-organised and sponsored by China Re Life, a subsidiary of China Reinsurance Group.
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The 17th China Actuarial Annual Conference held in Shanghai

Posted 12-30-2016 at 08:56 PM by Sherwin (To Make You Know China's Market Better)
Updated 12-30-2016 at 09:30 PM by Sherwin

The 17th China Actuarial Annucal Conference was held in Shanghai on September 23-24, 2016. The theme of the conferene was "Serving the Reform of the Supply-side, Promoting the Value of the Profession". The chairman of China Insurance Regulatory Commission (CIRC), Mr. CHEN Wenhui, the deputy mayor of Shanghai municipal government, Mr. ZHOU Bo, were present and gave speeches at the conference.

China Actuarial Annual Conference was organised by China Associstion of Actuaries...
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Data entry costs money

Posted 10-27-2016 at 05:03 PM by BassFreq

One way or another, you have to pay for data. You can invest in data by paying for the extra work people (like claim adjusters, and underwriters) have to do to enter data into your systems. Or, you can invest in data by buying it from third parties.

Alternatively, you can choose to not invest in data. This is the most expensive option because it gives your competitors a big advantage.
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